Silver Spruce Resources (CVE:SSE) Trading Down 33.3% – What’s Next?

Silver Spruce Resources Inc. (CVE:SSE) fell 33.3% during trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 623,266 shares were traded during trading, an increase of 1% from the average session volume of 619,063 shares. The stock had previously closed at C$0.02.

Silver Spruce Resources Stock Up 50.0%

The company has a current ratio of 0.61, a quick ratio of 1.17 and a debt-to-equity ratio of 0.88. The stock has a market cap of C$4.86 million, a P/E ratio of -1.00 and a beta of 1.02. The company’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01.

Silver Spruce Resources Company Profile

Silver Spruce Resources Inc, an exploration stage company, engages in the exploration of precious and base minerals. The company primarily explores for silver, lead, zinc, copper, gold, and base and rare earth elements. It holds 100% interest in the Pino de Plata project comprising four concessions covering an area of 397 hectors, located in the prolific Sierra Madre Occidental region of Western Chihuahua State in Mexico; and the Melchett Lake property covering an area of 4,698 hectares located within the English River Sub-province of the Archean-age Superior Province.